RUSSIA WILL PRESENT IN CANNES INVESTMENT PROJECTS AT 30 BILLION EUROS

10.03.2008
The Russian delegation at the exhibition MIPIM-2008 in Cannes will present investment projects worth more than 30 billion euros, reported Minister for Economic Development and Trade of the Russian Federation ELVIRA NABIULLINA.

"The joint pavilion "Regions of Russia" will be presented by 28 projects worth more than 30 billion euros," - she said.

Ten Russian regions will have their own stands, with two of them - the Nizhny Novgorod region and the Khanty-Mansiisky Autonomous District -to be exhibited for the first time.

Nabiullina noted the growing interest of Russian regions to MIPIM. Nine Russian regions took part in the exhibition in 2006, 18 in 1007 and 21 in 2008, she said.

Russian projects deal in particular with trade and entertainment centers, the minister said. Infrastructure projects for the 2012 APEC summit in Vladivostok, as well as Olympic facilities in Sochi, will also be presented at the exhibition, Nabiullina added.